Review on UniCrypt by Ibrahim Sunday
Unicrypt; An emerging technology, an investment for the future
exp
A lot of project being launched always in the crypto world, one may tend to be confused which one to invest on. But with good study, you sure not to miss out in any of the good ones. The unicrypt is a decentralized governance, it has been around since last year, still a very fresh project. The founders and developers claimed to still working on numerous development on the coin. Personally They claim to be currently working on and implementation of an in wallet staking soon and planed in introducing an multi asset staking and dapp development
It look very promising as it is being listed in exchanges like the uniswap, BKEX, 1inch and more. It has however been seen to have a very low 24hor trading volume of $106, due to its anonymity and main reason it is a new project. You can store it in your trezor wallets and the rest. Though hodling it doesn't seems a promising investment for me because of its lack of prominent or known investors. It will require a very long time to
Pros
- It is a new project, it is sure pay off soon if investment is being done now. Hodling for sometimes is a good idea
- It has some government backing, which presents it to be more attractive to investors.
- It is being listed in some major exchange which make investment and trading easier.
Cons
- It has a very low trading volume of about $104 in a 24hours.
- It is a new project, It has no any prominent and known investors
